Notice of Change of Corporate Name as Part of Rebranding
- Create a sustainable society using foresight and insight to unlock the full potential of technology -
May 7, 2021
Nihon Unisys hereby announces its decision, made in today’s Board of Directors meeting, which is conditional upon approval in the 77th Ordinary General Meeting of Shareholders to be held on June 25, 2021, to change its corporate name to BIPROGY Inc. effective April 1, 2022.
Under this new corporate brand, we will transform into a company that creates social value with the aim of creating a sustainable society using foresight and insight to unlock the full potential of technology.
Rationale for Rebranding and Changing the Corporate Name
In the more than 60 years since providing Japan’s first commercial computers, Nihon Unisys has contributed to forming and developing Japan’s information service industry by developing systems and providing ICT services that support society and industry.
We have also worked in partnership with our customers and partners to create value that enriches society and to solve social issues. We have done this by taking a leading role from an early stage in business ecosystems that connect various businesses across industry boundaries to achieve a sustainable society, as represented by the Sustainable Development Goals (SDGs).
We have launched a new Purpose, and announced the Vision 2030 and Management Policies (2021-2023) to achieve the Purpose, to accelerate the above initiatives and to transform into a company that creates social value.
Subject to approval in the 77th Ordinary General Meeting, we will also renew our corporate brand and change our corporate name from Nihon Unisys, Ltd. to BIPROGY Inc. to become a company that creates social value, as stated in our new Purpose.
New Corporate Brand
New Corporate Name
BIPROGY Inc. (BIPROGY Kabushiki Kaisha in Japanese)
Planned Date of Change
April 1, 2022
For details of the amendments to the Articles of Incorporation related to the change of corporate name, please see the “Notice of Change of Corporate Name and Amendments to the Articles of Incorporation (Japanese)” which was disclosed to the Tokyo Stock Exchange as of the date of this news release.
Create a sustainable society using foresight and insight to unlock the full potential of technology.
Foresight and Insight x Technology x Business Ecosystem = Creates Social Value
Meaning of BIPROGY
BIPROGY is an acronym coined from the first letters of blue, indigo, purple, red, orange, green, and yellow, the seven colors visible when light is refracted and reflected. BIPROGY illustrates a world where the colors of light mix beyond any bounds. It also means that we will be a hands-on company that combines light and makes the seven colors shine to:
- illuminate new paths in a chaotic society by mixing the colors of light of various business partners and various individuals, and
- change the value we provide in response to changes in society and environments, just as the colors of light change in response to changes in circumstances.
Treatment of Unisys Corporation Products
There will be no impact on our relationship with Unisys Corporation following the change of corporate name, and we will continue sales of their products and provision of customer support as their exclusive distributor.
Names of companies or products in this document are trademarks or registered trademarks of their respective organizations.
The information in this news release is valid as of the date of this announcement. The information is subject to change in the future without prior notice.
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